Urban Renewal Fund
Nonprofit Organization Management - Hong Kong, Kowloon, Hong Kong
Urban Renewal Fund Employees
Urban Renewal Fund Details
Hong Kong's buildings are ageing rapidly. There are at present about 4,000 buildings aged 50 years or above in Hong Kong. The number will increase by 500 a year over the next decade. Despite efforts of the Government, dedicated agencies like the Urban Renewal Authority (URA) and the Hong Kong Housing Society (HKHS), Owners' Corporations and relevant professional bodies, the conditions of Hong Kong's old buildings remain unsatisfactory, posing threats to public safety.The Urban Renewal Fund (URF) was then established as an independent organization by guarantee incorporated on August 15, 2011 to act as the trustee and settlor of the Trust Fund. From November 10, 2011, the Trust Fund is also entitled to exemption under Section 88 of the Inland Revenue Ordinance (Cap. 112) and is, therefore, exempt from all taxes payable under the Ordinance.With HK$500 million endowed by the Urban Renewal Authority, the Urban Renewal Fund endeavours to provide an independent funding source to support the operation of social service teams to provide assistance for residents affected by urban redevelopment projects implemented by the URA, to support social impact assessments and other related planning studies to be proposed by the District Urban Renewal Forum and to support heritage preservation and district revitalisation projects to be proposed by non-governmental organizations and other stakeholders in the overall context of urban renewal.
Urban Renewal Fund Technologies
E-commerce Platforms
Woo Commerce
Email Providers
Outlook
Load Balancers
Ubuntu
Fonts
Google Font API
Hosting
Amazon AWS
Other
Mobile Friendly